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SBI consolidated net rises 16.3 per cent to Rs 4,318 crore in Oct-Dec


State Bank of India on Monday reported 16.3 per cent increase in consolidated net profit at Rs 4,318.08 crore for the third quarter ended December 31, 2011.

The country's largest lender had reported

Difficult to lend more to NPA Kingfisher Airlines: SBI

State Bank of India (SBI) on Tuesday said it will be difficult for lenders to provide more funds to debt- ridden Kingfisher Airlines unless the airline pays Rs100 crore to restore a bank guarantee inv

SBI gets approval for Rs 60-80 billion infusion: TV


State Bank of India, India's largest lender, has received Finance Ministry approval for a capital infusion of Rs 60-80 billion, CNBC-TV18 reported on Monday, citing the bank's chairman.

The capital i

Government says no to SBI rights issue in fiscal 2012


A much awaited rights equity issue by State Bank of India will not happen in the current fiscal year, but the government will pump in cash to shore up the state-run bank's capital, secretary, financia

Govt to infuse up to $1.6 bln in SBI by March: Official


The government will infuse 45 billion to 80 billion rupees ($919.7 million to $1.6 billion) of funds in top lender State Bank of India (SBI) by March 2012, D.K. Mittal, secretary of financial services

SBI may clock profit over Rs 10,000 crore in current fiscal


Country's largest lender State Bank of India's profit in the current fiscal is likely to exceed Rs 10,000 crore on the back of increased business and sustained effort to contain bad assets.

"The bank

Govt is quite committed on rights issue, says SBI chairman


State Bank of India chairman Pratip Chaudhuri on Monday said Government is 'quite committed' to infuse funds through the bank's proposed Rs 20,000 crore rights issue.

"The Government is quite c

SBI Q1 profit down 45.6pc to Rs1,584cr due on provisioning

Country's largest lender State Bank of India (SBI) on Saturday reported a 45.6 per cent fall in stand alone net profit at Rs1,584 crore for the first quarter of this fiscal due to higher provisioning

Advance tax mop-up nails slowdown fears; SBI pays Rs 1,100 cr

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Notwithstanding a massive fall in factory output growth rate in April, advance tax pay-up by India Inc for the first quarter of the fiscal has increased, led by SBI with its Rs 1,100 crore against Rs

SBI set to launch operations in Jeddah

State Bank of India (SBI) is set to commence operations in Saudi Arabia in the next four to six weeks, a senior bank official has said.

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

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